|
Wallace has been replaced by Frank Caruso as the lead manager on the fund and the analyst team has also been restructured.
The investment research and ratings agency said it believes these changes warrant caution until it has been able to assess their impact on the fund and the way it is run.
Previously, the fund held a Morningstar OBSR analyst rating of bronze.
The label will come into effect on the 27 November
Global climate assets up 6% in first nine months of 2024
Reluctance of platforms to allow for fractional trading means the inclusion of ETFs and trusts within model portfolio services is being constrained
88% of companies globally either raised payouts or maintained their level
Number of women in the industry increases but female representation in the 50-64 age bracket declined, according to inclusion report
Quilter Cheviot’s Andy McGlone and Evelyn Partners’s Charley Davies join the board
